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Last $40.70 USD
Change Today -0.30 / -0.73%
Volume 400.0
As of 8:10 PM 04/24/15 All times are local (Market data is delayed by at least 15 minutes).

merchants financial group in (MFGI) Snapshot

Previous Close
Day High
Day Low
52 Week High
01/21/15 - $42.50
52 Week Low
05/2/14 - $33.50
Market Cap
Average Volume 10 Days
Shares Outstanding
Dividend Yield

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merchants financial group in (MFGI) Details

Merchants Financial Group, Inc. operates as the holding company for Merchants Bank, National Association that provides various banking products and services in the United States. It primarily offers retail banking, commercial loans, and deposit services to various communities, individuals, and businesses. The company offers certificates of deposit, checking accounts, savings accounts, IRAs, and health savings accounts, as well as overdraft protection services; and small business financing, ag loans, term business loans, real estate financing, fleet/truck financing, operating line of credit, and lease financing services, as well as mortgages, personal loans, and home equity lines of credit. It also provides credit cards, retirement planning, credit card processing, cash management, gift cards, online and mobile banking, and ATM services, as well as wealth management services, such as investment and trust services. The company operates through branches in Winona, Goodview, Rushford, Lanesboro, St. Charles, Rochester, La Crescent, Caledonia, Spring Grove, Cannon Falls, Red Wing, Hampton, Hastings, Apple Valley, Lakeville, and Cottage Grove and Rosemount, Minnesota; and Onalaska, Wisconsin. Merchants Financial Group, Inc. was founded in 1875 and is based in Winona, Minnesota.

425 Employees
Last Reported Date: 02/3/14
Founded in 1875

merchants financial group in (MFGI) Top Compensated Officers

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merchants financial group in (MFGI) Key Developments

Merchants Financial Group, Inc. Reports Earnings Results for the Six Months Ended June 30, 2014

Merchants Financial Group, Inc. reported earnings results for the six months ended June 30, 2014. For the period, the company reported income of $36,820,619 against $36,570,410 a year ago. Earnings before taxes were $10,079.210 against $9,585,872 a year ago. Net income was $6,335,210 against $6,104,872 a year ago. Earnings per share were $2.32 against $2.24 per share a year ago. Book value per share was $45.85 against $41.52 per share a year ago. Tangible book value per share was $36.82 against $32.43 per share a year ago.

Merchants Financial Group Announces Executive Changes Effective Jan. 1, 2014

Merchants Financial Group, Inc. announced that President and CEO Richard Mahoney will retire as of Jan. 1, 2014. The company appointed Rodney Nelson, executive vice president of the company and president of the Winona charter for Merchants Bank NA, to take over the position after Mahoney's retirement.


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